Housing market confidence continues to fall

The latest Bloomberg Nanos Confidence Index shows that we’re becoming more cautious about growth in the housing market.

The index overall saw a small increase in consumer confidence but the real estate sub-index has hit a 5 month low.

With some of the data we have seen recently suggested a slowdown in some parts of the market, the number of people who believe there will be an increase in property values in the next 6 months is down to 38.6 per cent.

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